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Tracking Weekly State-Level Economic Conditions
Baumeister, Christiane; Leiva-Leon, Danilo; Sims, Eric R. - 2021
In this paper, we develop a novel dataset of weekly economic conditions indices for the 50 U.S. states going back to 1987 based on mixed-frequency dynamic factor models with weekly, monthly, and quarterly variables that cover multiple dimensions of state economies. We show that there is...
Persistent link: https://www.econbiz.de/10013220135
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Is There Job Polarization in Developing Economies? A Review and Outlook
Martins-Neto, Antonio; Mathew, Nanditha; Mohnen, Pierre; … - 2022
This paper analyses the evidence of job polarization in developing and emerging economies. We carry out an extensive literature review, revealing that job polarization in these countries is only incipient compared to other advanced economies. We then examine the possible moderating aspects...
Persistent link: https://www.econbiz.de/10013312077
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The Geographic Spread of COVID-19 Correlates with Structure of Social Networks as Measured by Facebook
Kuchler, Theresa; Russel, Dominic; Stroebel, Johannes - 2020
We use anonymized and aggregated data from Facebook to show that areas with stronger social ties to two early COVID-19 "hotspots" (Westchester County, NY, in the U.S. and Lodi province in Italy) generally have more confirmed COVID-19 cases as of March 30, 2020. These relationships hold after...
Persistent link: https://www.econbiz.de/10012208006
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Income and Wealth Shocks and Expectations during the COVID-19 Pandemic
Hanspal, Tobin; Weber, Annika; Wohlfart, Johannes - 2020
effect of the coronavirus crisis on household income and retirement wealth, households' expectations about the recovery, and …
Persistent link: https://www.econbiz.de/10012208009
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Inequality in the Impact of the Coronavirus Shock: Evidence from Real Time Surveys
Adams-Prassl, Abi; Boneva, Teodora; Golin, Marta; Rauh, … - 2020
We present real time survey evidence from the UK, US and Germany showing that the labor market impacts of COVID-19 differ considerably across countries. Employees in Germany, which has a well-established short-time work scheme, are substantially less likely to be affected by the crisis. Within...
Persistent link: https://www.econbiz.de/10012214176
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Supply Chain Reliability and International Economic Growth: Impacts of Disruptions like COVID-19
Goel, Rajeev K.; Saunoris, James W.; Goel, Srishti S. - 2020
the challenges posed by the coronavirus crisis. This paper uses data over a recent decade for more than 130 nations to …
Persistent link: https://www.econbiz.de/10012227634
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The Impacts of COVID-19 on Minority Unemployment: First Evidence from April 2020 CPS Microdata
Couch, Kenneth A.; Fairlie, Robert W.; Xu, Huanan - 2020
COVID-19 abruptly impacted the labor market with the unemployment rate jumping to 14.7 percent less than two months after state governments began adopting social distancing measures. Unemployment of this magnitude has not been seen since the Great Depression. This paper provides the first study...
Persistent link: https://www.econbiz.de/10012227667
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Demand for COVID-19 Antibody Testing, and Why It Should Be Free
Serra-Garcia, Marta; Szech, Nora - 2020
We study individual demand for COVID-19 antibody tests in an incentivized study on a representative sample of the US population. Almost 2,000 participants trade off obtaining an at-home test kit against money. At prices close to zero, 80 percent of individuals want the test. However, this broad...
Persistent link: https://www.econbiz.de/10012227680
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The Social Cost of Contacts: Theory and Evidence for the COVID-19 Pandemic in Germany
Quaas, Martin F.; Meya, Jasper N.; Schenk, Hanna; Bos, … - 2020
Building on the epidemiological SIR model we present an economic model with heterogeneous individuals deriving utility from social contacts creating infection risks. Focusing on social distancing of individuals susceptible to an infection we theoretically analyze the gap between private and...
Persistent link: https://www.econbiz.de/10012227687
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What Policies Address Both the Coronavirus Crisis and the Climate Crisis?
Engström, Gustav; Gars, Johan; Jaakkola, Niko; … - 2020
The coronavirus pandemic has led many countries to initiate unprecedented economic recovery packages. Policymakers … tackling the coronavirus crisis have also been encouraged to prioritize policies which help mitigate a second, looming crisis …: climate change. We identify and analyze policies that combat both the coronavirus crisis and the climate crisis. We analyze …
Persistent link: https://www.econbiz.de/10012269437